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by obiwanpallav1 1789 days ago
This[1] video by ColdFusion talks about a similar problem in the US in which Housing market is now being seen as the next big bet by the Wall Street Firms.

In this scheme, a common man will not be able to buy/own any house but they can only rent it. It will be very similar to SaaS model in which Houses will be provided as a service.

1 - https://www.youtube.com/watch?v=gu4tC3px6mc

4 comments

Agricultural land is being bought up too. Small farms are being bought up by big agricultural firms.

Bill Gates and Michael Blurry (big short game) are heavy invested in agricultural land.

I don't know about other western countries but in the UK, homeowners are the election-winning group, and are considered a moderating force - being both workers and investors.

Lacking that group is going to have some interesting political consequences.

Those same waters are being tested in Canada too: https://www.cbc.ca/news/business/core-home-ownership-column-...

It's very depressing to see all the ways that society is breaking down.

Fortunately, this is pretty easy to ban.
How?
Taxes, relax zoning laws, subsidise building of housing.
"Taxes" The classic an all-answer and all-solver of ignorant people. Bigger government is what you are saying.

Every time it only burdens the working class; the poor just want things gifted to them; the rich get richer. A 2v1 game.